Sunday October 05, 2014

HP to Split into Two Companies

The Wall Street Journal reports that Hewlett-Packard plans to split the company, making separate divisions as a PC and Printer company and the other as an Enterprise Computing and Services company. Meg Whitman stays on as the CEO of the Enterprise side of the equation and Dion Weisler will take over as CEO of the PC/Printer division. A full announcement is expected on Monday.

HP is perhaps the seminal Silicon Valley company, with a rich history of computing breakthroughs and technology leadership since it was founded in 1939.